Sports betting in the United States has grown from $6.61 billion in total handle during 2018 to $79.91 billion through three quarters of 2025. The gross revenue figures tell a similar story, climbing from $441.7 million in 2018 to $7.86 billion in the first nine months of 2025. These numbers represent actual money wagered and operator profits across 38 states plus the District of Columbia that now permit legal sports betting.

Market Performance Breaks Previous Records

The 2024 full year ended with $149.74 billion in handle and $13.75 billion in gross revenue. Through October 2025, the market has already processed more than half that annual figure in nine months. The hold percentage, which measures how much operators keep from total wagers, has increased from 9.2% in 2024 to 10.0% in 2025

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